Yeah there is huge confusion between ketosis and ketoacidosis. Think of ketones and blood sugars in a similar way; you can have some in your system and this is a very good thing. However, too much is dangerous. Some people believe you have to eat carbs to give your brain the power to function. This is incorrect. The brain can run beautifully on fat, and ketones are the result of the fat burning process. So long as you have sufficient insulin in your system, ketoacidosis should not be a danger.
Ketoacidosis results when the body is starved of the fuel it needs. Without insulin, the cells in your body cannot take glucose out of your blood to use as fuel. Therefore you are effectively starving. The body tries to get any form of fuel it can, so it burns its fat stores, producing ketones. However, without insulin the cells still can't get their energy, so more and more ketones are produced, creating massive levels in the blood; ketoacidosis.
So you might think 'But if glucose is so important to my cells, why would I want to cut it out by eating low carb?' The wonderful thing is, low carbing is not cutting out glucose at all. The body can also convert protein into glucose, but it does it more slowly through a process called gluconeogenesis. The ratio of conversion varies from person to person, but some low carbers work on the basis that 50% of the protein they eat will be converted into glucose. Because it does it more slowly, it makes it easier for your insulin (naturally produced for type 2s, injected for type 1s) to match the rise in glucose levels and stop blood sugars rising significantly. In the meantime, the body mobilises its fat stores, producing ketones to fuel the body. Because your cells are getting the fuel they need, you will not overproduce ketones, so ketoacidosis should not occur as long as your blood sugars are in a normal range.
Hope that helps.